"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •601 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,286.00 | +98.70 | +4.51% |
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WTI Crude •11 mins | 66.06 | +0.43 | +0.66% |
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Gasoline •2 hours | 1.995 | +0.023 | +1.19% |
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Ethanol •601 days | 2.161 | +0.000 | +0.00% |
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Silver •601 days | 30.82 | +1.16 | +3.92% |
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Silver • 601 days | 30.82 | +1.16 | +3.92% | |
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Copper • 601 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 71.20 | +0.43 | +0.61% | |
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Natural Gas • 12 mins | 2.900 | -0.015 | -0.51% | |
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Heating Oil • 51 mins | 2.668 | -0.019 | -0.70% |
Markets
Elation Should Ebb
Equity markets melted up today, despite weak economic data, on fairly low volume. I know that it will feel manipulated to some of you, but really it's just thin. It…
Faber Says SP Won't Surpass 2011 High of 1,370
Marc Faber, publisher of the Gloom, Boom & Doom report, appeared on Bloomberg Television's "Street Smart" with Carol Massar and Matt Miller today.
Political Theater
Last night, in one of the stranger moments in recent international news, Seif al-Islam, son of apparently toppled Libyan leader Moammar Gadhafi, called a hasty press conference in Tripoli, hours…
Exiting the Eye of the Storm
London has suffered more damage from recent rioting than from anything else since the Blitzkrieg; the stock market had its most volatile week in years; gold shot well north of…
Gold Eyes $2,000 /oz- Is it a Bubble Ready to Burst?
Even the most avid gold bugs, who've been stockpiling vast quantities of the barbaric metal for decades, and endured their fair share of panic shakeouts, were probably in a surreal…
DOW: Gold Ratio and the Secular Bear Market- by Toby Connor
As I have been warning investors for many months, stocks have now entered stage III of the secular bear market. Gold on the other hand is now in the final…
Gold Stocks and Silver: This Is It!
I'm overly obsessed with silver and gold stock details right now. I'm obsessed with the mountain of buy orders I have in the market for silver bullion, and for gold…
Dick Bove to Bloomberg TV: BofA Has Sufficient Capital
Rochdale Securities analyst Dick Bove told Bloomberg TV's Margaret Brennan this morning that Bank of America has sufficient capital and that you cannot "break the bank" by driving the stock…
What Will Bernanke Do?
For most market observers, all eyes and ears will be on Federal Reserve Chairman, Ben Bernanke, as he delivers a speech in Jackson Hole this Friday. We already know the…
Bearish Signals Raise Red Flags as Market Anticipates Fed
We can expect more volatility (up and down) over the next ten days or so. The Federal Reserve has their annual Jackson Hole conference this week. Ben Bernanke is due…
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